Fantasia is going to take a $500,000 loss on a house she paid $1.3 million for a couple of years ago. This loss happens after she almost lost the huse to foreclosure over a $58,000 loan she owed. click below to find out more.@WiLMajor

Fantasia Barrino’s finally putting her financially turbulent past behind her — dumping the giant house in North Carolina she nearly lost to foreclosure in 2009 … but the therapeutic real estate move is costing her nearly $500K.

Fantasia has listed the 5-bedroom, 38,768 sq. ft. mansion in Charlotte for $800,000 — nearly $500,000 less than what she paid for it in 2007 … $1.3 million — and you can bet she won’t get her asking price.

As we previously reported, the home isn’t without its bad memories — Fantasia nearly lost the place at public auction after allegedly defaulting on a $58,000 loan. She managed to save it at the last minute.

1 Comment

On 04.07.12 pmurraymusic said:

Anyone with real estate is feeling the effects of the Housing crash, regardless of their financial standing. Glad to see Fantasia taking situations into her own hands and doing what she needs to do. Tightening one’s belt to maintain balance is not a bad thing at all.